
The China effect: Renewables to continue dropping in price in 2025
Solar, wind, and battery storage costs will keep falling, with reductions of up to 11% in 2025. China leads this trend, but Western protectionism may slow the decline of renewables.
Solar, wind, and battery storage costs will keep falling, with reductions of up to 11% in 2025. China leads this trend, but Western protectionism may slow the decline of renewables.
Amazon has been named the top corporate buyer of renewable energy in the European market, having invested in more than 230 solar and wind projects across Europe to date. More than 46 new projects have been added in 2024 across countries including Spain, Portugal, UK, Greece, Italy and Finland.
The French automotive company Snop has selected EDP to develop solar power plants at its facilities in France, Spain, and Germany, accelerating its sustainability goals. This partnership also strengthens EDP’s position as a leader in decentralized solar energy in Europe and enhances its ability to serve multinational clients seeking such solutions across different markets.
The FER 2 Decree establishes a Contract for Difference for offshore wind energy with a base price of €185/MWh. According to Michele Scoppio, CEO of Gruppo Hope, the industry is calling for tariff structure adjustments due to rising CAPEX. Additionally, the Ports Decree will modernize key infrastructure for the sector’s development.
The recent Contracts for Difference (CfD) auction in Romania left more than 1,200 MW of renewable capacity—mainly solar—without subsidies. While wind developers secured contracts at competitive prices, solar projects are now looking for alternatives in the corporate and cross-border PPA markets. The key question remains: are there enough buyers to absorb this volume? Imre Vass analyzes PPA market trends in a conversation with Strategic Energy Europe.
The European Commission warns of the urgent need for investment in electricity grids, hydrogen, and CO₂ storage to sustain the energy transition. More than 50% of the investment is concentrated in Germany, France, and the Netherlands.